Results for Tonga Power Ltd

The Tonga Power Ltd. Board of Directors declared the company’s dividend at a total of T$1,359,314 on Tuesday, 25 November 2014 to the shareholder, the Government of Tonga.

Tonga Power Ltd staff have today in a letter to the Prime Minister Lord Tu'ivakano refuted an unsigned anonymous letter previously sent to him as untruthful and damaging to its Finance Manager Steven 'Esau.

A 45-year-old woman who crashed her vehicle in Fatai on September 16 has been ordered to pay for damage to a power pole, which left over 700 customers in five villages on the Eastern District without power for over three hours.

Four new bucket trucks were added to Tonga Power Ltd’s vehicle fleet to help upgrade the electricity distribution network of 33 villages in Tongatapu over the next five-years.

Tonga Power has announced a reduction in the price of electricity.

A grant funding of NZ$1.7 million from the New Zealand Government was signed in Nuku'alofa on January 29 as part of a package to rebuild the electricity network in Ha’apai destroyed by Tropical Cyclone Ian.

Tonga Power Ltd. estimates that it will cost at least $3 million pa'anga to rebuild the entire power distribution network in the Ha’apai islands after Cyclone Ian destroyed over 90 percent of the power lines and poles when it hit on Saturday, January 11.

Tonga Power Ltd. paid the Tonga government a dividend of $389,369 pa’anga on Tuesday, 10 December at the Annual General Meeting of the Tonga Power Board, as the first part of a T$1 million dividend for the financial year.

Ten line staff from the Tonga Power Ltd have won employment contracts with New Zealand’s Northpower Ltd. after completing a two-weeks recruitment boot camp. The group, including one woman, who are expected to migrate with their families in November this year have been called “professionals” and “great ambassadors for Tonga”.